7 Carob, Newbury Park, California 91320, Newbury Park, 91320 - 4 bed, 3 bath
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7 Carob
Newbury Park, California 91320
ACTIVE
CONDITION: GOOD
4Beds
3Baths
2,090Sq Ft
5,662Lot Size
Property Price
LIST PRICE$1,098,000
EST. MARKET VALUE
$1,036,078
5% AboveMARKET VALUE
SUMMARY
This Spacious Single Family Residence represents a Strong Value Opportunity, listed at $1,098,000—positioned above the $1,036,078 Fair Market Value. While priced slightly above market, the property maintains a Condition Rating of 3, featuring modern renovations like updated flooring and a contemporary bathroom. Located in the Ventura Unified School District near top-rated schools, this home offers a serene hillside setting. It is an ideal acquisition for Owner-Occupants seeking a move-in ready lifestyle or long-term homeowners prioritizing location and school quality.
Estimated Market Value
$1,036,078
Based on Realkey algorithm analyzing recent comparable sales in Newbury Park.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7 Carob Subject | $1,098,000* List Price | 4 | 3 | 2,090 | $496 | - |
A 35 Ilex Drive Sold | $1,032,000 | 4 | 3 | 2,090 | $494 | 0.1 mi |
B 1881 Galway Sold | $875,000 | 3 | 3 | 1,952 | $448 | 0.6 mi |
C 178 Giant Oak Avenue Sold | $1,275,000 | 5 | 3 | 2,250 | $567 | 0.8 mi |
D 2606 Theresa Street Sold | $915,000 | 4 | 3 | 1,946 | $470 | 0.2 mi |
E 1983 Oracle Court Sold | $1,080,000 | 3 | 3 | 2,051 | $527 | 0.3 mi |
F 1991 W Oracle Court Sold | $1,200,000 | 5 | 3 | 2,257 | $532 | 0.3 mi |
G 30 N Jerome Avenue Sold | $1,037,500 | 4 | 3 | 2,046 | $507 | 0.6 mi |
H 317 Lupe Avenue Sold | $1,200,000 | 5 | 4 | 2,568 | $467 | 0.5 mi |
I 33 N Madrid Active | $949,999 List Price | 4 | 2 | 1,775 | $535 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1978, the property shows clear evidence of renovations within the 5-15 year range. Interior images reveal updated wood-look flooring, modern recessed lighting, and a fully remodeled bathroom with a contemporary double vanity and stone countertops. The home appears well-maintained and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Situated in the heart of Newbury Park, the home offers exceptional convenience with close proximity to The Oaks Mall, diverse dining, and major entertainment hubs.
- Top-Rated Schools
The property is served by award-winning schools, including Newbury Park High School and Sequoia Middle School, making it a highly desirable choice for families.
- Scenic Hillside Views
Located on a quiet street with views of the surrounding hills, the property provides a serene and idyllic residential setting that enhances its overall appeal.
CONSRISKS & DEFICIENCIES
- Potential for Modernization
Built in 1978 and maintained as a long-term family residence, the interior likely requires significant cosmetic or functional updates to align with modern buyer preferences.
- Compact Lot Size
The 5,662 square foot lot is relatively modest for a four-bedroom home in this area, which may limit outdoor amenities or future expansion possibilities.
About 7 Carob
This spacious home is located in the heart of Thousand Oaks, close to the Oaks Mall, convenient to all shopping, restaurants and entertainment, award winning schools, Amgen, Takeda, Technology companies, award winning schools, Anthem Blue Cross, Los Robles Regional Medical Center, a host of medical campuses. OWNER WANTS TO SEE OFFERS. Come hear the music play - Just up the short hill on this quiet street awaits you to fill the walls and garden with a melody that will bring cheers to your soul. This four bedroom home has been the warm and loving environs for the Mahan family. A highly noteworthy musician now wants to relocate to Nashville to be with his family. Now this home that is filled with much history beckons you to come and enjoy living in an idealic setting.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1978
- Lot Size
- 5,662 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $120.0 / Month
Neighborhood Insights
Newbury Park Unified Schools
Banyan Elementary School
Grades K-5 • 2.0 mi
6/10
Sequoia Middle School
Grades 6-8 • 0.5 mi
6/10
Newbury Park High School
Grades 9-12 • 1.5 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,090 | 2,176.038 |
| Lot Size | 5,662 | 8,415.744 |
| Price | $1.10M | $1.13M |
| Price per sq ft | $525 | $536 |
| Built year | 1978 | 1982 |
| HOA | $120.0 | $148 |
| Days on market | 61 | 50 |
Pricing History
Listed for Sale
Jul 10, 2026
$1,098,000
Initial Listing
Sold
Jun 23, 2006
$759,000
Public Record
Sold
Oct 20, 2003
$505,000
Public Record